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Technology Stocks : VALENCE TECHNOLOGY (VLNC)
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To: Emmo who wrote (5876)12/10/1998 10:48:00 AM
From: Larry Brubaker   of 27311
 
Actually, Peter Lynch counsels against investing in "story" stocks. His view is that there is plenty of time to earn money after the story has proven to be real.

The similar concept he promotes relates to investing in companies you know (e.g., a retailer you shop at). He thinks you can do very good DD by a personal visit to the company's stores to see how crowded they are, talk to the employees, etc.

A different concept than looking at the parking lot of a story stock company to see if there are actually employees there.
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